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The Big Mac Index data is sourced from The Economist and maintained on GitHub.

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CN Tower in the Toronto skyline at sunset — Big Mac in Canada: $8.17 (about $5.81), July 2026

Big Mac Price in Canada2026

Economist · Verified Reviewed July 2026 Global rank #22 of 76

As of July 2026, a Big Mac in Canada costs $8.17 (CAD) — about $5.81 at 1.4051 CAD per USD. That's 6.5% cheaper than the US baseline ($6.22).

The numbers at a glance

Local price$8.17 CAD
USD price$5.81
Exchange rate1.4051 CAD per USD
vs USA baseline ($6.22)-6.5%
Global rank#22 of 76
RegionAmericas
CurrencyCAD ($)
Source The Economist Big Mac Index

What this means in plain English

The Big Mac Index suggests the CAD is currently undervalued against the US dollar by roughly 6.5%. In practice, that means a US visitor walking into a McDonald's in Canada will find their dollar stretches further than at home.

But the Big Mac Index is a starting point, not a verdict. Local wages, taxes, real-estate costs, and McDonald's own brand positioning all shape the local menu price. For a fuller discussion, see why PPP theory has its limits.

Frequently asked questions

How much does a Big Mac cost in Canada in 2026?

As of July 2026, a Big Mac in Canada costs $8.17 (CAD), which converts to approximately $5.81 at the current exchange rate of 1.4051 CAD per USD. Source: The Economist.

Is a Big Mac more expensive in Canada than in the USA?

A Big Mac in Canada ($5.81) is 6.5% cheaper than the USA price of $6.22. By the Big Mac Index, this suggests the CAD is undervalued against the US dollar by roughly 6.5%.

What does the Big Mac Index suggest about the CAD?

The Big Mac Index treats the USA price as the baseline. A 6.5% discount in Canada implies the CAD is currently weaker than purchasing power parity (PPP) theory would predict. Real-world causes typically include wage differences, taxes, local-input costs, and brand positioning — not just exchange rates.

Why is a Big Mac cheaper in Canada?

Several factors keep Canada's Big Mac below the USA price: lower local wages, cheaper supply chains, smaller real estate costs, or McDonald's pricing strategy to match local incomes. The Big Mac Index is a useful starting point, but it does not isolate any single cause. See the limits of the Big Mac Index for a fuller discussion.

How often is this data updated?

Big Mac local prices for Canada come from The Economist and are reviewed against new releases. Exchange rates on this page update with live FX data. The page was last reviewed on July 2026.

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